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Experimental Software

openOracle and openSwap are experimental, unaudited software. The protocol is in active development and has not undergone formal security audits. You should assume the smart contracts contain undiscovered vulnerabilities. Do not deposit funds you cannot afford to lose. Participation in experimental DeFi protocols carries extreme risk.

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No Warranty

The openOracle and openSwap smart contracts and associated software are provided “AS IS” and “AS AVAILABLE” without warranty of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, title, or non-infringement. The entire risk as to the quality and performance of the protocol is with you.

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No Fiduciary Duty

Nothing in these terms or your use of the protocol creates any fiduciary relationship between you and the openOracle and openSwap contributors, developers, or any affiliated parties. No party owes you any duty of loyalty, care, or disclosure beyond what is explicitly stated herein. Contributors have no obligation to act in your best interest, provide advice, or prioritize your outcomes over their own. Any information provided in documentation, social channels, or elsewhere is for informational purposes only and does not constitute financial, legal, or investment advice.

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Assumption of Risk

By interacting with openOracle and openSwap smart contracts and the UI, you acknowledge and accept the following risks: Smart contract risk: Despite security efforts, smart contracts may contain bugs, vulnerabilities, or behave unexpectedly. Code is law—transactions are irreversible. Economic mechanism risk: The dispute escalation mechanism involves economic game theory. Participation with poorly chosen parameters (including but not limited to excessive settlementTime, inappropriate callbackGasLimit, insufficient liquidity) may result in permanent loss of funds. Oracle manipulation risk: While the protocol is designed to make manipulation costly, sufficiently capitalized adversaries may attempt attacks. No guarantees are made regarding price accuracy. Blockchain risk: Network congestion, chain reorganizations, hard forks, or protocol-level changes may affect contract behavior. Regulatory risk: The legal status of DeFi protocols varies by jurisdiction and may change. UI Risk: The UI may have bugs, vulnerabilities, or behave unexpectedly. Blockchain transactions are irreversible.

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No Custodial Relationship

openOracle and openSwap are permissionless, non-custodial protocols. No individual, team, or entity:
  • Has custody or control over user funds
  • Can pause, upgrade, or modify deployed contracts
  • Can reverse, cancel, or alter any transaction
  • Provides any form of customer support obligation
You are solely responsible for your private keys, transaction parameters, and interaction decisions.

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Limitation of Liability

To the maximum extent permitted by applicable law, no contributor shall be liable for any damages arising from use of the protocol.

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MIT License

The openOracle, openSwap and UI source code is released under the MIT License. This permissive license grants rights to use, copy, modify, and distribute the software but explicitly provides NO WARRANTY. See the license text in the repository for full terms.

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Your Responsibility

Before participating in any report instance or swap, you are responsible for:
  • Auditing the parameter set (settlementTime, callbackGasLimit, multiplier, escalationHalt, etc.)
  • Understanding the economic implications of your participation
  • Verifying token contract addresses and their behavior
  • Ensuring sufficient gas and token approvals